On January 1, Harmon Corp. had 100,000 common shares outstanding. On February 1, Harmon Corp. issued 40,000

Question:

On January 1, Harmon Corp. had 100,000 common shares outstanding. On February 1, Harmon Corp. issued 40,000 additional common shares. On June 1, another 80,000 common shares were issued. Calculate Harmon Corp.’s weighted-average shares outstanding. Round calculations to the nearest whole share.